profit rate falling!

Charles Brown CharlesB at
Tue Mar 16 14:33:07 PST 1999

Did Karl Marx project an objective outer limit for capitalism ? I thought it was a subjective outer limit , the consciousness of the working class.

Charles Brown

>>> <Apsken at> 03/16/99 08:44AM >>>
Doug wrote,

<< Of course, this could just be a cyclical squiggle, and the profit rate (by these disgracefully bourgeois measures, I admit) will burst to new highs on a millennial upswing. >>

Or, alternatively, the 21st century may vindicate Karl Marx's projection of capitalism's outer limit. Or both events may occur -- first the upswing, then the crash. What do you predict, Doug?

Ken Lawrence

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